Track the Shipwaves Online IPO subscription status with comprehensive data across all investor categories. The IPO subscription window was open from Dec 10, 2025 to Dec 12, 2025. Subscription data is categorized into Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and Retail Individual Investors (Retail).
The NII category is further divided into bNII (bids above ₹10 lakh) and sNII (bids below ₹10 lakh) to provide granular insights into subscription patterns. The overall subscription for Shipwaves Online IPO stands at 1.64 times.
Subscription rates indicate the level of investor interest - a higher subscription multiple suggests strong demand, while lower multiples may indicate moderate interest. This data helps investors understand market sentiment and make informed decisions about the IPO.
As of December 12, 2025
| Investor Category | Shares Offered | Shares Bid For | Subscribed (Times) | No. of Applications |
|---|---|---|---|---|
|
NII
Non-Institutional Investors
|
22,300,000 | 8,060,000 | 0.36× | — |
|
Retail Investors
Retail Individual Investors
|
22,310,000 | 65,220,000 | 2.92× | — |
|
Total
|
44,610,000 | 73,280,000 | 1.64× | — |
Historical subscription data grouped by date
Friday
| Category | Shares Offered | Shares Bid For | Times | No. of Applications |
|---|---|---|---|---|
| NII | 22,300,000 | 8,060,000 | 0.36× | — |
| Retail | 22,310,000 | 65,220,000 | 2.92× | — |
| Others | 2,350,000 | 2,350,000 | 1.00× | — |
| Total | 44,610,000 | 73,280,000 | 1.64× | — |
As of December 12, 2025, the Shipwaves Online IPO IPO has been subscribed 1.64 times overall. The IPO is fully subscribed.
The Shipwaves Online IPO IPO subscription window was open from December 10, 2025 to December 12, 2025. Investors could apply for shares during this period through their demat account or ASBA facility.
The Shipwaves Online IPO IPO has a price band of ₹12 to ₹12 per share. The lot size is 10,000 shares, which means retail investors need to apply for a minimum of 10,000 shares. The minimum investment required is ₹120,000 (at lower price) or ₹120,000 (at upper price).
The Retail Individual Investors (RII) category for Shipwaves Online IPO IPO has been subscribed 2.92 times. Retail investors were offered 22,310,000 shares in this IPO. Retail category includes individual investors applying for shares up to ₹2 lakh.
The overall Non-Institutional Investors (NII) category has been subscribed 0.36 times. NII category includes high net-worth individuals (HNIs) and corporate entities investing above ₹2 lakh. The subscription data helps analyze the interest level from high-value investors in Shipwaves Online IPO IPO.
The basis of allotment date for Shipwaves Online IPO IPO will be announced soon. You can check your allotment status by visiting the registrar's website (Cameo Corporate Services Ltd.) and entering your PAN number, application number, or DP ID. Alternatively, you can check through your demat account or the stock exchange website (NSE/BSE).
The listing date for Shipwaves Online IPO IPO will be announced after the basis of allotment is finalized. The shares will be listed on BSE SME platform. After listing, you can trade the shares through your demat account.
The subscription rate (also called subscription multiple) indicates how many times the IPO has been oversubscribed. For Shipwaves Online IPO IPO, the current subscription of 1.64 times means investors have bid for 1.64 times the number of shares offered. Since the subscription is above 1×, the IPO is fully subscribed. Higher subscription rates generally suggest strong market interest, but may also reduce individual allotment probability.
Investment decisions should be based on your own research, risk appetite, and financial goals. The Shipwaves Online IPO IPO has received 1.64 times subscription, showing moderate investor interest. Before investing, consider factors such as the company's business model, financial performance, industry outlook, price band valuation, and your investment objectives. It is recommended to consult with a financial advisor and read the Red Herring Prospectus (RHP) before making any investment decision. Past performance and subscription data are not indicative of future returns.
Qualified Institutional Buyers (QIBs) typically include foreign institutional investors (FIIs), domestic financial institutions, banks, insurance companies, and mutual funds. QIB subscription is often a key indicator of institutional investor confidence in the IPO.
Non-Institutional Investors are high net-worth individuals and corporate entities investing above ₹2 lakh. The NII category is subdivided into bNII (bids above ₹10 lakh) and sNII (bids between ₹2 lakh and ₹10 lakh) to provide detailed insights into subscription patterns.
Retail Individual Investors can apply for shares up to ₹2 lakh in an IPO. Retail subscription is often the most closely watched metric as it reflects the interest of small investors. For Shipwaves Online IPO, retail subscription is 2.92 times. Higher retail subscription typically indicates strong retail investor interest and may impact allotment probability.
The Shipwaves Online IPO has a price band of ₹12 to ₹12 per share, with a lot size of 10,000 shares. Retail investors can apply with a minimum investment of ₹120,000 (at lower price) or ₹120,000 (at upper price).